$1,889,900 - 49 Pettit Drive, Etobicoke
Detached for Sale in Etobicoke
New — Listed yesterday- MLS Number
- W13242732
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Etobicoke (Kingsview Village / Humber Heights)
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Located in the coveted Richview Collegiate Institute and Father Serra Catholic elementary school district, this spacious 2-storey family home offers the size, layout, and flexibility that today's families are looking for. Set in an established Etobicoke neighbourhood known for its mature streets, strong sense of community, and convenient access to schools, parks, such as Silver Creek Park and swimming pool, transit, shopping, and easy access to the 401, 427 and the airport, this is a home that truly supports every stage of family life. With 4+1 bedrooms, 3 washrooms, generous principal rooms, and excellent space across multiple levels, the layout is both practical and inviting. The main floor offers plenty of room to gather, entertain, and enjoy everyday living, while the family room adds warmth and character with a cozy wood-burning fireplace - the perfect spot for quiet evenings, relaxed weekends, or time together at the end of the day. The bedroom space is ideal for a growing family, with room for children, guests, a home office, or multigenerational needs. The additional lower-level bedroom and flexible living space provide even more options for extended family, teenagers, work-from-home use, hobbies, or recreation. Warm, functional, and easy to live in, this home offers the comfort of a traditional family layout with the space to adapt as life changes. A wonderful opportunity to settle into an established west-end neighbourhood, enjoy access to a highly regarded school district, and create your next chapter in a home with room to grow. Roof - 2024, Furnace - 2009, AC - 2025.
Estimate your monthly payments for this property
Estimated Payment
$8,359.67/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Etobicoke (Kingsview Village / Humber Heights)
Etobicoke (Kingsview Village / Humber Heights) is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Etobicoke (Kingsview Village / Humber Heights)
- •Convenient location in Etobicoke (Kingsview Village / Humber Heights)
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Etobicoke (Kingsview Village / Humber Heights) offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
49 Pettit Drive, Etobicoke (Kingsview Village / Humber Heights)
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $945/sqft, this property is priced in line with current Etobicoke market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Etobicoke's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Etobicoke are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Etobicoke.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Etobicoke properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $7,875 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.